Global logistics networks form association

Nine global logistics networks have banded together to form an association that will set industry standards and represent the freight forwarding community with global industry associations, regulators, and government agencies.

Launched December 11, the Elite Association of Logistic Networks (ELITE) said it has a combined membership of more than 3,550 freight forwarders operating in 188 countries, with annual revenues of more than US$60 billion.

The group said it was established to differentiate the established and quality-focused networks from the “rogue” networks that operate using dubious practices, have poor financials, and show poor track records.

“ELITE has been created to provide the global logistics community with an industry-wide recognized ‘Seal of Quality’, which provides peace of mind and security that each network member operates to the highest possible standards,” the company said on its website.

“For the first time the independent sector will have a powerful and unified voice to ensure the interests of the independent freight forwarder are fully considered,” it added.